Gold prices rise in most Indian metro cities on November 4
Gold rates for 22-carat and 24-carat varieties increased across major cities including Delhi, Mumbai, and Bengaluru, according to BusinessLine.
Gold prices rose across most metro cities in India on November 4, according to BusinessLine. In Delhi, the price for 1 gram of 22-carat gold reached ₹12,925, an increase of ₹25, while 24-carat gold was priced at ₹1,3571 per gram, up by ₹26.
In Mumbai, 22-carat gold was recorded at ₹12,875 per gram and 24-carat gold at ₹13,519 per gram. Similar upward trends were noted in Kolkata, where 22-carat gold stood at ₹12,975 per gram and 24-carat gold at ₹13,624 per gram.
Other major cities also saw increases. Bengaluru reported 22-carat gold at ₹12,935 per gram, while Chennai and Hyderabad recorded 22-carat prices at ₹12,825 per gram. In Ahmedabad, 22-carat gold was priced at ₹12,929 per gram.
The Indian Express reported that the price of 24-carat gold in India stood at ₹13,965 per gram on November 4, reflecting a ₹1 increase over the previous day. The price for 22-carat gold was ₹12,731 per gram and 18-carat gold was ₹10,417 per gram.
Vikram Subburaj, CEO of Giottus.com, stated that gold and silver futures in India showed a mixed trend in early trading. He advised investors to watch whether prices sustain direction after the regular market opens.
